104 Ritch Ave W APT 6GreenwichCT06830
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Greenwich at 104 Ritch Ave W APT 6, Greenwich, CT, 06830 listed at $1,299,000 pairs $7,784/mo rent with a $6,358/mo payment. Total monthly income runs $7,784/mo. Return on cash invested measures 17.4% in year one, and rental yield registers 7.19% at a $1,299,000 basis. Equity gained on principal adds $8,382/yr, and annual property appreciation at 5% supports $358,890 by year five. Five-year ROI tracks 90.09% and total cumulative return in cash totals $379,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,784/mo property income relative to a $6,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06830, Greenwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 5,289 (48.3%) |
| Renter Occupied HU | 4,531 (41.4%) |
| Vacant Housing Units | 1,126 (10.3%) |
| Median Home Value | $1,695,934 |
| Average Home Value | $1,552,243 |
Housing Distribution
Address Breakdown
Residential
10,317
Single Family
8,679
Multi-Family
1,638
Businesses
1,499
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Listed by: Peter Janis • BHHS New England Properties
Mls Name: Greenwich MLS, Inc.
Mls ID: #123288